TAMAN BAKAP INDAH
Residential Market
Median Price
RM 390,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
27 properties
Median Price
RM 527,500
+6.4% CAGR
Median PSF
RM 322.50
+10.9% CAGR
Low-Cost Flat
12 properties
Median Price
RM 77,000
+48.1% CAGR
Median PSF
RM 127.50
+41.4% CAGR
Double Storey Semi-D
8 properties
Median Price
RM 667,500
+7.0% CAGR
Median PSF
RM 231.00
+14.0% CAGR
Single Storey Terraced
2 properties
Median Price
RM 290,000
+9.7% CAGR
Median PSF
RM 200.50
-10.0% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 400,000
Median PSF
RM 156.00
Detached
1 properties
Median Price
RM 1,100,000
Median PSF
RM 186.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 27 |
RM 527,500
±68K MAD
|
+6.37% |
RM 322.50
±17 MAD
|
+10.88% | |
| Low-Cost Flat | 12 |
RM 77,000
±20K MAD
|
+48.09% |
RM 127.50
±33 MAD
|
+41.42% | |
| Double Storey Semi-D | 8 |
RM 667,500
±54K MAD
|
+6.99% |
RM 231.00
±40 MAD
|
+13.96% | |
| Single Storey Terraced | 2 |
RM 290,000
±40K MAD
|
+9.70% |
RM 200.50
±32 MAD
|
-10.02% | |
| Single Storey Semi-D | 1 |
RM 400,000
|
- |
RM 156.00
|
- | |
| Detached | 1 |
RM 1,100,000
|
- |
RM 186.00
|
- |
TAMAN BAKAP INDAH in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2023, with a median price of RM 390K and a median price per square foot (PSF) of RM 284.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 390K, with most transactions falling within a stable range of RM 171K to RM 609K, and a typical market range of RM 214K to RM 566K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 284, though individual units vary from RM 189 to RM 379 in the core range. The broader market spans RM 196.25 to RM 371.75, indicating diverse property characteristics. A wider spread (IQR: RM 175.50) and deviation (MAD: RM 95) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 66,000
|
RM 109.00
|
603 sqft
|
Dec 2023
|
||
|
RM 88,000
|
RM 146.00
|
603 sqft
|
Dec 2023
|
||
|
RM 90,000
|
RM 149.00
|
603 sqft
|
Aug 2023
|
|
RM 60,000
|
RM 91.00
|
657 sqft
|
Oct 2023
|
|
LORONG BAKAP INDAH 8/5
|
RM 380,000
|
RM 353.00
|
1,076 sqft
|
May 2023
|
|
|
LRG BAKAP INDAH 8/6
|
RM 310,000
|
RM 285.00
|
1,087 sqft
|
May 2023
|
|
LORONG BAKAP INDAH
|
RM 460,000
|
RM 353.00
|
1,302 sqft
|
Aug 2023
|
|
|
LORONG BAKAP INDAH 3
|
RM 480,000
|
RM 369.00
|
1,302 sqft
|
Mar 2023
|
|
|
LORONG BAKAP INDAH 6
|
RM 400,000
|
RM 307.00
|
1,302 sqft
|
Jan 2023
|
|
LRG BAKAP INDAH 11
|
RM 635,000
|
RM 293.00
|
2,164 sqft
|
Oct 2023
|
|
LORONG BAKAP INDAH 11
|
RM 600,000
|
RM 268.00
|
2,239 sqft
|
Jun 2023
|
|
LORONG BAKAP INDAH 7/1
|
RM 660,000
|
RM 283.00
|
2,336 sqft
|
Mar 2023
|